Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q2 FY2025 Earnings Presentation
37 slides from Oberoi Realty's earnings presentation, Oct 18, 2024
Slide 1: Results Update Q2FY25
Results Update Q2FY25 October 18, 2024
Slide 2: Contents
CONTENTS Financial Update Investment Properties Development Properties 1
Slide 3: Balance Sheet – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Balance Sheet – Abstract (Consolidated) Amount in Rs Lakh Particulars H1FY25 H1FY24 FY24 Non-current assets 6,95,810 6,61,654 6,88,749 Current assets 13,29,417 11,89,166 12,74,592 Total 20,25,227 18,50,820 19,63,341 Equity 14,79,998 12,84
Slide 4: Cash Flow – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Cash Flow – Abstract (Consolidated) Amount in Rs Lakh Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Opening Cash and Cash Equivalents 1,38,208 1,26,870 1,02,370 1,26,870 83,699 Operating Cash Flows 84,240 66,411 70,093 1,50,652 1,47,171
Slide 5: Assets – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Assets – Abstract (Consolidated) Amount in Rs Lakh Particulars H1FY25 H1FY24 FY24 Non-current assets Fixed assets (including CWIP) 5,94,298 5,39,899 5,75,804 Financial assets 36,661 49,304 35,437 Deferred tax assets (net) 15,619 18,294 17
Slide 6: Liabilities – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Liabilities – Abstract (Consolidated) Amount in Rs Lakh Particulars H1FY25 H1FY24 FY24 Non-current liabilities Financial liabilities i) Borrowings 1,88,200 2,79,205 2,19,204 ii) Trade Payables 7,448 7,477 6,086 iii) Others 30,403 20,021 2
Slide 7: Profit & Loss Account – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Profit & Loss Account – Abstract (Consolidated) Amount in Rs Lakh (Except EPS) Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Revenue from Projects 1,04,666 1,16,441 1,02,069 2,21,107 1,73,591 Revenue from Hospitality 4,353 4,182 3,996 8,
Slide 8: Key Financial Parameters
Financial Update Investment Properties Development Properties Key Financial Parameters Particulars H1FY25 H1FY24 Operating margin 59.77% 52.27% Net profit margin 41.92% 35.75% RONW# 16.39% 12.43% ROCE# 15.47% 11.08% Gross debt to equity 0.14 0.26 Net debt to equity 0.02 0.18 Current ratio 4.39 4.71
Slide 9: Operating Margin Analysis
Financial Update Investment Properties Development Properties Operating Margin Analysis Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q2FY25 61.66% 58.12% 92.27% 36.12% -5.07% Revenues from operations 1,31,990 1,05,095 20,403 4,375 2,117 Operating ma
Slide 10: Performance of Scrip (Last 10 years)
Index 10.00 60.00 110.00 160.00 260.00 310.00 360.00 410.00 460.00 510.00 560.00 610.00 660.00 710.00 810.00 860.00 910.00 210.00 760.00 1-Apr-14 5-Jun-14 9-Aug-14 13-Oct-14 17-Dec-14 20-Feb-15 26-Apr-15 30-Jun-15 3-Sep-15 7-Nov-15 Financial Update 11-Jan-16 16-Mar-16 20-May-16 24-Jul-16 27-Sep-16 1
Slide 11: Shareholding Pattern (%)
Financial Update Investment Properties Development Properties Shareholding Pattern (%) Category 30-Sep-24 30-Jun-24 31-Mar-24 31-Dec-23 30-Sep-23 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 18.51% 18.15% 17.09% 17.53% 17.94% Domestic Institut
Slide 12: Investment Properties - Completed
Financial Update Investment Properties Development Properties Investment Properties - Completed Carpet Area: 189,250 sqft. Carpet Area: 480,754 sqft. Carpet Area: 23,20,221 sqft. 11
Slide 13: Investment Properties - Completed
Financial Update Investment Properties Development Properties Investment Properties - Completed The Westin Mumbai Garden City Carpet Area: 317,046 sqft. 269 Rooms 12
Slide 14: Commerz
Financial Update Investment Properties Development Properties Commerz Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 # Operating Revenue (Rs. Lakh) 1,205 942 928 2,147 1,722 EBITDA (Rs. Lakh) 1,110 888 837 1,998 1,551 EBITDA Margin (%) 92% 94% 90% 93% 90% Occupancy (%) 84% 76% 60% 80% 58% Carpet Are
Slide 15: Commerz II
Financial Update Investment Properties Development Properties Commerz II Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 # Operating Revenue (Rs. Lakh) 3,285 3,312 2,721 6,597 5,402 EBITDA (Rs. Lakh) 2,868 3,092 2,481 5,960 4,975 EBITDA Margin (%) 87% 93% 91% 90% 92% Occupancy (%) 93% 93% 83% 93% 82%
Slide 16: Commerz III
Financial Update Investment Properties Development Properties Commerz III Particulars Q2FY25 Q1FY25 H1FY25 # Operating Revenue (Rs. Lakh) 9,292 6,581 15,873 EBITDA (Rs. Lakh) 8,205 5,597 13,802 EBITDA Margin (%) 88% 85% 87% Occupancy (%) 65% 54% 60% Carpet Area Leased (sqft.) 15,13,021 12,62,961 13,
Slide 17: Oberoi Mall
Financial Update Investment Properties Development Properties Oberoi Mall Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 # Operating Revenue (Rs. Lakh) 4,876 4,685 3,637 9,561 7,420 EBITDA (Rs. Lakh) 4,803 4,531 3,429 9,334 7,010 EBITDA Margin (%) 99% 97% 94% 98% 94% * * Occupancy (%) 98% 99% 96% 99
Slide 18: The Westin Mumbai Garden City
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Operating Revenue (Rs. Lakh) 4,375 4,203 4,018 8,578 7,961 EBITDA (Rs. Lakh) 1,631 1,681 1,419 3,312 2,864 EBITDA Margin (%) 37% 40% 35% 39% 36% Number of Rooms
Slide 19: Development Properties
Financial Update Investment Properties Development Properties Development Properties 18
Slide 20: Project Till Date Synopsis – Key Development Properties
Financial Update Investment Properties Development Properties Project Till Date Synopsis – Key Development Properties Revenue Area Booked Inventory as Booking Value Project Residential Projects Carpet Area Recognised till Till Date on Date till Date Completion Date (sqft.) (sqft.) (sqft.) (Rs. Lakh)
Slide 21: Quarterly Synopsis – Key Development Properties
Financial Update Investment Properties Development Properties Quarterly Synopsis – Key Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in Q2FY25 in Q2FY25 for Q2FY25 Q2FY25 in Q2FY25 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lak
Slide 22: Elysian
Financial Update Investment Properties Development Properties Elysian Project status as on Jun 30, 2024 Project status as on Sep 30, 2024 Tower – C Tower – A 21
Slide 23: Elysian
Financial Update Investment Properties Development Properties Elysian Project Till Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Date Carpet area (sqft.) 21,77,157 21,77,157 15,15,481 21,77,157 15,15,481 21,77,157 Units (nos.) 984 984 719 984 719 984 Area Booked (sqft.) 83,412 49,853 32,866 1,33,26
Slide 24: Forestville
Financial Update Investment Properties Development Properties Forestville Project status as on Jun 30, 2024 Project status as on Sep 30, 2024 Tower - C Tower - C 23
Slide 25: Forestville
Financial Update Investment Properties Development Properties Forestville Project Till Particulars Q2FY25 Q1FY25 H1FY25 Date Carpet area (sqft.) 11,08,932 11,08,932 11,08,932 11,08,932 Units (nos.) 1,257 1,257 1,257 1,257 Area Booked (sqft.) 28,776 28,989 57,765 1,86,017 Units Booked (nos.) 29 32 61
Slide 26: Eternia
Financial Update Investment Properties Development Properties Eternia 25
Slide 27: Eternia
Financial Update Investment Properties Development Properties Eternia Project Till Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Date Carpet area (sqft.) 13,49,549 13,49,549 13,49,549 13,49,549 13,49,549 13,49,549 Units (nos.) 1,312 1,312 1,312 1,312 1,312 1,312 Area Booked (sqft.) 22,330 21,683 42
Slide 28: Enigma
Financial Update Investment Properties Development Properties Enigma 27
Slide 29: Enigma
Financial Update Investment Properties Development Properties Enigma Project Till Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Date Carpet area (sqft.) 12,57,392 12,57,392 12,57,392 12,57,392 12,57,392 12,57,392 Units (nos.) 682 682 682 682 682 682 Area Booked (sqft.) 62,652 21,056 29,088 83,708 5
Slide 30: Sky City
Financial Update Investment Properties Development Properties Sky City Project status as on Jun 30, 2024 Project status as on Sep 30, 2024 Tower - F Tower - F 29
Slide 31: Sky City
Financial Update Investment Properties Development Properties Sky City Project Till Particulars Q2FY25 Q1FY25 Q2FY24 H1FY25 H1FY24 Date Carpet area (sqft.) 28,54,907 28,54,907 28,54,907 28,54,907 28,54,907 28,54,907 Units (nos.) 2,734 2,734 2,734 2,734 2,734 2,734 Area Booked (sqft.) 36,245 48,759 8
Slide 32: Sustainability – H1FY25 Key Highlights
Financial Update Investment Properties Development Properties Sustainability – H1FY25 Key Highlights ➢ 4th position in Asia amongst residential developers (Highrise category) with a 4-Star rating and a score of 95/100 in our first year of participation in GRESB Real Estate assessment ESG Ratings & ➢
Slide 33: Sustainability – H1FY25 Key Highlights
Financial Update Investment Properties Development Properties Sustainability – H1FY25 Key Highlights ➢ GRESB is a mission-driven and industry-led organization that provides actionable and transparent environmental, social and governance (ESG) data to financial markets. ➢ The GRESB Real Estate Benchm
Slide 34: Highlights Awards
Financial Update Investment Properties Development Properties Highlights ➢ Received full Occupation Certificate for Enigma, Mulund ➢ Received Occupation Certificate for Sky City Mall, Borivali ➢ ORL declared successful Resolution Applicant by NCLT for the acquisition of Nirmal Lifestyle Realty Priva
Slide 35: Thank You
Thank You For any further information please write to [email protected] or contact on (+91 22) 6677 3333 34
Slide 36: Annexure
Annexure Notes 1. The areas of the Investment Properties and Development Properties are the carpet areas as per prevailing law / contractual arrangements. 2. All areas / configurations of projects are based on present estimates and are subject to change based on regulatory requirements and / or desi
Slide 37: Disclaimer
Disclaimer This presentation has been prepared by Oberoi Realty Limited (ORL) and does not constitute a prospectus or placement memorandum or an offer to acquire any securities of ORL. This presentation or any other documentation or information (or any part thereof) delivered or supplied should not